Binghamton, New York 

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Economy in Binghamton, New York

Binghamton has an unemployment rate of 7.7%. The US average is 6.0%.

Binghamton has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 18.2%, which is lower than the US average of 33.5%.

Tax Rates for Binghamton
- The Sales Tax Rate for Binghamton is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Binghamton is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Binghamton
- The average income of a Binghamton resident is $19,946 a year. The US average is $28,555 a year.
- The Median household income of a Binghamton resident is $30,828 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYBinghamton, New YorkUnited States
  7.7%6.0%
  -5.8%-6.2%
  18.2%33.5%
  8.0%6.2%
  6.2%4.6%
  $21,710$31,177
  $31,103$57,652
  $45,518$70,850
  POPULATION BY OCCUPATION
  0.1%1.3%
  0.3%0.6%
  4.6%6.2%
  7.4%10.4%
  2.3%2.7%
  11.5%11.6%
  2.9%4.1%
  0.8%0.9%
  2.0%2.1%
  3.4%4.7%
  1.1%1.9%
  5.6%6.7%
  0.0%0.1%
  3.9%4.3%
  13.5%9.3%
  18.1%13.8%
  1.7%2.2%
  9.4%7.4%
  6.6%4.9%
  4.8%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 6%)
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    Reviews for Binghamton    26 Reviews
    A fresh look from a Binghamtonian - 11/5/2020
    I have had time to mull over the whole concept of if this area is good, bad, or otherwise, especially in a pandemic. So here it is from my point of view. Yes. The area... Read More

    Start Your Review of Binghamton


    Chronically economically depressed and dismal - 9/20/2020
    People have been saying it... Read More

    Good - 11/1/2019
    There are things to be done, but I enjoy life here. Local shops, bars, eateries, seasons, carousels galore, Museums, zoos, the cider mill, B University, and driving... Read More


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    MAPS OF BINGHAMTON, NEW YORK
    Check out the latest Maps in a variety of categories including cost of living, population, and commute time.Binghamton,New York Map
    ZIP CODES IN BINGHAMTON, NEW YORK
    13905 13903 13904


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